Investor's Crypto DailyInvestor's Crypto Daily
Font ResizerAa
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Reading: Dogizen challenges Catizen on the Sui Blockchain
Share
Font ResizerAa
Investor's Crypto DailyInvestor's Crypto Daily
  • Home
  • Headlines
  • Spotlight Stories
  • Crypto Stock Plays
  • Step Into Crypto
  • Economy
  • Join Us
Search
  • Home
  • Headlines
    • Financial Market News
    • Cryptocurrency News
    • Press Releases
    • My Bookmarks
  • Spotlight Stories
  • Crypto Stock Plays
    • Crypto ETFs, Trusts & Investment Funds
    • Crypto Adjacent Stocks
    • Crypto Futures (Settled in USD)
  • Step Into Crypto
    • Common Crypto Terms
    • Crypto Rules & Regulations
  • Economy
    • Economic News
    • Economic Calendar
  • Join Us
Follow US
  • Advertise
© 2024 Investor's Crypto Daily. All Rights Reserved.
Investor's Crypto Daily > Blog > Headlines > Financial Market News > Dogizen challenges Catizen on the Sui Blockchain
Financial Market News

Dogizen challenges Catizen on the Sui Blockchain

Last updated: February 2, 2025 4:45 am
By Ronald Dupree 5 Min Read
Share
SHARE

Dogizen’s (DOGIZ), which was previously on the TON Blockchain, has now moved to the Sui blockchain. This will lead to increased competition between Catizen and Dogizen.

Contents
Dogizen chooses Sui instead of TONCan Dogizen disrupt Catizen’s market share?GameFi dominates Telegram

This move coincides with the explosive growth of the GameFi sector, which is less than one year old and has already surpassed $1 billion.

Dogizen has raised over $3.85m in presale and is using its ICO to reduce the risk associated with airdrop launches, which was a major issue for Catizen after it’s initial listing.

Early adopters have already seen a strong return on their DOGIZ tokens, with the value of DOGIZ rising by 21.43% during the pre-sale. This makes Dogizen one of the more promising entries in Telegram integrated gaming.

Catizen, on the other hand, has been able to maintain its position as leader, having 55 million users and generating revenues of $23 millions between March 2024 and December 2024.

Airdrop-hopping, or the practice of claiming free tokens, then leaving, has caused a massive drop in token prices when they become tradeable.

With Dogizen set to list on exchanges on 7th February, its move to the Sui blockchain–known for low transaction costs, scalability, and gaming-friendly infrastructure–could give it an edge over Catizen in the next phase of Telegram’s GameFi expansion.

Dogizen chooses Sui instead of TON

Dogizen’s decision to abandon Telegram’s native TON Blockchain in favor of Sui follows a trend that is becoming more common amongst gaming projects.

Sui’s blockchain technology is optimized for gaming, with faster transactions, increased efficiency and smart contracts.

Sui, developed by Mysten Labs is a blockchain that supports Web3 gaming ecosystems and the NFT.

The parallel execution of transactions model allows for higher throughput. This makes it a good choice for gaming platforms with high traffic like Dogizen.

Dogizen aims at avoiding network congestion problems that affected TON by migrating from TON to Sui. This is especially important as more Telegram-based projects are launched.

Sui’s lower transaction costs and developer incentives create a sustainable environment that benefits both investors and players, further enhancing Dogizen’s viability.

Can Dogizen disrupt Catizen’s market share?

Catizen is one of the biggest 2024 airdrop successes. It has retained a huge player base. However, cracks have begun to appear.

In August 2024 the project introduced its App Centre, which is a rewards-based eco-system whereby players can earn points for completing tasks in game.

Catizen has had challenges with its model of airdrops, despite Catizen’s attempts to create long-term engagement.

Ten million CATI tokens were distributed during the first airdrop, which ran for 90 days. This brought millions of users to the platform, but many cashed out instantly, contributing towards price volatility.

Dogizen has chosen to use an ICO model instead of the traditional airdrop.

The investors are more inclined to keep their tokens than sell them.

Dogizen, whose target market capitalization at launch was less than $10 million, has a significant potential for growth.

Dogizen positions itself to be a player for the long term, rather than just a speculative short-term token, by focusing on organic expansion, community engagement and strategic partnership.

GameFi dominates Telegram

Dogizen is preparing for its exchange listing on 7th of February. All eyes will be watching to see if it can compete with Catizen.

The advanced Sui Blockchain infrastructure could allow Dogizen to offer players a better and more rewarding gaming experience while avoiding the problems that have plagued earlier GameFi Projects.

Dogizen may have an advantage in the evolving Telegram GameFi landscape, thanks to its strategic positioning, tokenomics and blockchain migration.

Dogizen, if it can successfully take a part of Catizen’s user base and grow its market share in this fast-growing sector.

Dogizen’s move to Sui could be pivotal in the fight for Telegram gaming dominance, as the GameFi sector is expected to grow exponentially by 2025.

As updates are made, this post Dogizen challenges Catizen on the Sui Blockchain in Telegram gameFi might be changed.

Click here to read more

You May Also Like:

  • The Guide to Initial Coin Offerings
  • Axie infinity jumps by 13%, as traders look to gain…
  • Open Art by Blum TONX and TON Society attracts over…

You Might Also Like

Live Nation’s stock has a bullish trend: Could it soar to $150?

KeyCorp shares rise 18% as Scotiabank invests $2,8 billion: What does this mean for both banks?

Blue-chip ETFs that you should buy now as Donald Trump escalates his trade war

How the US election in 2024 could affect India’s IT sector

Warby Parker shares rise as website traffic increases

Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Glassnode’s historical on-chain metric suggests that Bitcoin (BTC), according to Glassnode, has more room for growth. Here is why.
Next Article What will the US tariffs mean for TLT and VGLT?
Leave a comment

Click here to cancel reply.

Please Login to Comment.

Stay Connected

TwitterFollow
- Partnered Content -
Ad image

Latest News

Wipro stock plunges 3%: is Indian IT stuck in a slow-growth trap?
Financial Market News
NVIDIA Quantum Push Revives Bitcoin Security Risk Debate
Cryptocurrency News
Evening digest: Trump Iran deal hopes rise, oil climbs on risks
Economic News
Oracle stock jumps 5% to continue bullish recovery: what’s behind the rally?
Financial Market News
//

We support the traditional finance investor’s journey into the cryptocurrency space, using education and traditional terms. Get involved in crypto directly or through adjacent stocks and funds. Time to get off the sidelines.

– Sponsored Spotlight –

Get Around

  • Home
  • Headline News
  • Spotlight Stories
    New
  • Economy
  • Step Into Crypto

Get Involved

  • Advertise With Us
  • Join Us
    Hot
  • My Bookmarks
  • Privacy Policy & Legal Disclaimer
  • Contact US
2024 Investor's Crypto Daily | InvestorsCryptoDaily.com | Privacy
Welcome Back!

Sign in to your account

Lost your password?